Ringgit set to improve to 4.65 against the US dollar this week


PETALING JAYA: The ringgit is poised to trend higher this week to 4.65 against the US dollar, supported by positive economic indicators, says an investment bank.

Kenanga Investment Bank Bhd said the indicators include stable labour market conditions, record-high distributive trade sales values and Bank Negara’s status quo on the overnight policy rate.

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